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Omnichannel to fuel growth of modern retail to Rs 1,718 billion by 2019

Knight Frank India, in association with the Retailers Association of India (RAI), on Tuesday launched the third edition of its flagship report on the retail sector – 'Think India. Think Connected Retail'. The report tracks the evolution of India’s modern retail...

H&M all set to open third store in Pune next month

Fast-fashion retailer Hennes & Mauritz (H&M) is all set to open its third store in Pune at Amanora Town Center Mall, Pune on Thursday, 9 February 2017, the company said in a statement. Spread over 23,000 sq.ft., the new store...

Expert Review: Retail stalwarts on how the industry fared in 2016

The year 2016 had just begun!! It's hard to believe that the year just passed by. 2016 was a milestone year in a lot many ways. Here's a look at how the retail industry fared in 2016… E-commerce took over the...

Retail Reality: How the sector is shaping up for future

Retailing in India has come a long way with evolutionary patterns from corner shops, weekly markets, village fairs, individual stores to malls, supermarkets and hypermarkets. During the initial stages, this sector was completely unorganised and it was then carried...

US-based Blackstone Group acquires 50 pc stake in Pune's Westend Mall

In a landmark deal, international property consultancy JLL India has facilitated the sale of 50 per cent stake in Westend Mall in Aundh, Pune to US-based private equity player Blackstone Group. Post-acquisition of retail malls in Ahmedabad, Amritsar and Navi Mumbai last year,...

Understanding mall occupancy of leading Indian cities

In India, currently, only the top six cities have a mall stock of approximately 67 million sq.ft. Roughly 36 malls have become operational between 2012-2016. However, the last three years saw a slowdown in new malls being operationalised with developers...

Taiwan to export textiles products worth US$500 mn to India

The Taiwan Textile Federation (TTF) is bullish on domestic textile sector and is looking to export textiles products worth around $500 million to India in the next five years. "India is a very dynamic market with lot of potential and...

Armani Exchange opens first outlet in India

Italian apparels and accessories brand Armani Exchange has marked its foray into the Indian market with its first store here. The store opened in Select Citywalk, Saket with the latest Armani Exchange collection in stock on Tuesday. The maiden store features...

Hamleys opens outlet at VR Bengaluru

Hamleys, which has 255 years of experience in bringing smiles and laughter to children, has opened 6,000 sq.ft store at VR Bengaluru and will feature its stellar line-up of toys, games, action figures, and dolls among other products. VR Bengaluru...

Gap to shut all Banana Republic stores in Britain

Gap is to close all its Banana Republic stores in the UK as the ailing fashion retailer focuses on North America to revive its sales. The company said it expected to close the majority of the eight UK stores by...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030

The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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